gbp-usd and gbp-jpy. the more volatile the pair is, the more chances for this system to be profitable. and let's not forget the most important thing: you need a trending market.

Part Time Wealth Building Trading System - Daily Scalping

are you sure that reversing position at b/e of trail would be a wise choice? because i've seen a lot of situations when the price retraced to 0/trail and then went back into the same direction. maybe stay out will be a better choice.

Part Time Wealth Building Trading System - Daily Scalping

no, you're not the only one. this week has been the worst i've ever had since i've started trading with these systems. what can i say, it has to get better. i hope!

Part Time Wealth Building Trading System - Weekly Scalping

nope... i'm long too and i'm keeping it open, i think it might go higher (up to 1.9750 at least). and the rumours about US and Iran...

Daily Cable Analysis

so you're keeping a long position open for the weekend?

Daily Cable Analysis

man your last words really made my day!!! i laughed my brains out... don't want to disappoint you, but don't bet on it. by the way it acted these two weeks, the "correction" would be up not down. just kidding. anything can happen, right? gee, look ...

Part Time Wealth Building Trading System - Daily Scalping

lol... so i'm not the only one who went big just when things started to mess around...

Part Time Wealth Building Trading System - Daily Scalping

this week was crappy and today is really the worst day... just look at the range: g-u 75, g-y 68. already stopped once on g-y...

Part Time Wealth Building Trading System - Daily Scalping

and as usual, trades for Friday: - g-y: short @ 237.66, SL @ 238.06; then long @ 238.06... - g-u: not trading today, because it is still ranging. it should have been a long @ 1.9561, SL @ 1.9521 (the way i see this pair, it can go as low as 1.9500 ...

Part Time Wealth Building Trading System - Daily Scalping

doesn't seem a long story to me. anyway, sorry to hear that.

Part Time Wealth Building Trading System - Daily Scalping

dollars? actually it's been 5 days up (and if you count sunday candle, 6 days in a row). definitely a short. except that i have a gut feeling there's still some place for a long, about 50-60 pips, to ~ 238.50. that would be just enough to trigger 2 ...

Part Time Wealth Building Trading System - Daily Scalping

i noticed that, too. here's the file.

Part Time Wealth Building Trading System - Daily Scalping

IF i were awake i would have taken +40 pips and then out for the day... well i have to consider a couple of things and the most important would be to set a lower TP. and maybe change my sleep hours. i'm trying to find the best way to handle these ...

Part Time Wealth Building Trading System - Daily Scalping

yes it did. i should have put a TP of 40 pips instead of 50... it was frustrating because not only i missed the TP with 2 pips, but my SL was hit and the price reversed at the same point. of course, the other buy was activated and then closed by ...

Part Time Wealth Building Trading System - Daily Scalping

you're not alone. it happens to me, too. i find it very frustrating sometimes but i hope there'll be times when the rewards will greatly overcome my actual losses. try to stick to it and adapt it to your style so that the losses are minimum.

Part Time Wealth Building Trading System - Daily Scalping

that's exactly what i was thinking. i would have kept my SL @ -40 pips but when i looked at the daily chart, the new high should be in the area of 236.66-.72, so i think i'll try a SL of -55, and just for today. maybe i'll try a short in that ...

Part Time Wealth Building Trading System - Daily Scalping

my trades for Thursday: - g-j: short @ 236.26; SL @ -50 (possibly -55), TP @ 100; this SL is only for today, as -40 would be in 236.66 area (which i think is a bit sensitive, and might be a reverse point...) so -50 seems more appropriate and i'm ...

Part Time Wealth Building Trading System - Daily Scalping

entries for Thursday — entries for Thursday (tomorrow) seem to be: - for gbp-jpy: obviously, short - for gbp-usd: so far short; however, if the day closes @ or above 1.9557, the entry should be long. SAR @ -40 PIPS; TP @ 50 PIPS (i don't feel ...

Part Time Wealth Building Trading System - Daily Scalping

i was lucky i had my entries & exits set. boy am i glad i'm taking profits lol!

Part Time Wealth Building Trading System - Daily Scalping

and here's my understanding: ... if TP has not been hit @ 100 pips, the trade is kept open into the next session (next daily candle) and the new TP is 100 pips more on top of the current profit/price...

Part Time Wealth Building Trading System - Daily Scalping